Standard Life Plc (SL) Given Underperform Rating at Royal Bank Of Canada

Standard Life Plc (LON:SL)‘s stock had its “underperform” rating reaffirmed by investment analysts at Royal Bank Of Canada in a report issued on Wednesday.

A number of other analysts have also recently commented on the stock. Jefferies Group LLC cut their price target on shares of Standard Life Plc from GBX 399 ($4.99) to GBX 398 ($4.97) and set a “buy” rating on the stock in a research report on Monday. Berenberg Bank upped their price target on shares of Standard Life Plc from GBX 377 ($4.71) to GBX 416 ($5.20) and gave the company a “buy” rating in a research report on Friday, November 11th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 390 ($4.87) price target on shares of Standard Life Plc in a research report on Friday, October 21st. HSBC Holdings plc reaffirmed a “hold” rating on shares of Standard Life Plc in a research report on Friday, November 18th. Finally, Goldman Sachs Group, Inc. (The) upped their price target on shares of Standard Life Plc from GBX 365 ($4.56) to GBX 370 ($4.62) and gave the company a “neutral” rating in a research report on Tuesday, January 24th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Standard Life Plc presently has an average rating of “Hold” and a consensus target price of GBX 384 ($4.80).

Analyst Recommendations for Standard Life Plc (LON:SL)

Shares of Standard Life Plc (LON:SL) opened at 369.80 on Wednesday. The firm’s market cap is GBX 7.30 billion. Standard Life Plc has a 52-week low of GBX 248.20 and a 52-week high of GBX 380.60. The company has a 50 day moving average price of GBX 358.52 and a 200-day moving average price of GBX 348.52.

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In other news, insider Melanie Gee acquired 20,000 shares of the firm’s stock in a transaction on Thursday, December 22nd. The stock was purchased at an average price of GBX 363 ($4.54) per share, for a total transaction of £72,600 ($90,727.32). Also, insider Colin Clark sold 81,589 shares of the stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of GBX 355 ($4.44), for a total transaction of £289,640.95 ($361,960.70). In the last quarter, insiders acquired 20,087 shares of company stock valued at $7,290,315.

About Standard Life Plc

Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments: Standard Life Investments, UK and Europe, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.

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